Microgen Share Discussion Threads

[shauney2] 24/4/2017 08:33

A positive trading update with the AGM

I like the way this company understate and over deliver.

Aptitude have won two material contracts.Most companies would have RNSd that.

Both divisions have had a strong start to the year.

"Aptitude Software has successfully developed its presence in the US healthcare market with two material contracts secured since the start of the year"

[2bluelynn] 04/4/2017 17:02

And it does lovely ....

[2bluelynn] 04/4/2017 12:09

Must be something a foot let's hope three pound holds ....

[shauney2] 04/4/2017 11:26

You can currently sell at 300p and buy at 2.95p which is nice.

[petewy] 31/3/2017 16:00

i remember the thread T/O meaning takeover. (There are 74 acronyms for T/O)

[patrick9092] 31/3/2017 15:36

I posted on 20th Feb 2017 that this has a T/O feel about it...I am in at 175p.

[shauney2] 31/3/2017 13:08

Some more biggish trades again this morning.Surprised we have not had a recent holdings RNS.

[petewy] 31/3/2017 13:02

Applies to me. I bought in a 210p and hoped to sell at 240p At 300p I am amazed.
Expecting a similar results with SPT

[bruceylegs] 30/3/2017 14:48

Janeann - this comment from Paul Scott today (discussing TET's trading statement) maybe also holds true for MCGN's recent good form:

"What's interesting, is that companies which release very positive trading updates often continue rising in price in the days/weeks/months after the initial surge in price. Mark Minervini mentions this in one of the many nuggets of gold in his book, How To Trade Like a Stock Market Wizard - which has been my favourite book I've read this year, so far. I think he calls it post-announcement drift, or something like that. So his contention is that, even though it means paying more for good companies, when they issue positive news, that is very often just the beginning of a bigger move upwards."

[janeann] 30/3/2017 14:21

Very surprised they have continued their rise - it seems someone is accumulating these for whatever reason. Lots of round number trades - 1, 3 and 5k;

[petewy] 30/3/2017 10:10

I bought in a while ago for quick profit. Think I'll stay for long haul.

[shauney2] 30/3/2017 09:57

New highs and more large trades.
This has been some performance in the last year.

[petewy] 28/3/2017 09:22

Over 1m buys in trades this morning?

[shauney2] 27/3/2017 09:12

From citywire

Old Mutual manager Nick Williamson has upped his stake in wealth management and accounting software specialist Microgen (MCGN) as its share have spiked to a post tech-bubble high.

Williamson increased his investment from below a disclosable level to 5.5% of the business worth just under £9 million at a share price of 268p, the highest since April 2001.

The shares are held in the £173 million Old Mutual UK Smaller Companies Focus fund.

Microgen has shot up 16% this month alone, capping an 82% climb over the last 12 months. The latest leg up followed 2016 results showing revenue 35% higher at £43 million and profit 26% higher at £9.5 million. The company upped its full-year dividend 19% to 5p per share.

The rally has taken it to within a sliver of Investec’s recently-confirmed 270p target price however, on a price multiple of 27 times last year’s earnings.

[firtashia] 14/3/2017 07:03

Stockopedia showing FY17 forecast EPS upgraded by 13.5% to 12.6p & by 24% for FY18 to 14.3p

[nspal] 13/3/2017 18:41

Does anyone have confirmed data on the price levels for performance related stock option awards to MCGN senior management? I recently read that the previous chairman's potential awards were tied into share price rises to 200p, 250p and 300p before November 2018.

[shauney2] 13/3/2017 15:33

Volume traded today 3.5 million so far.Given how illiquid this can be thats impressive.

[tudes100] 13/3/2017 10:36

someone buying large

[bruceylegs] 13/3/2017 10:26

You mean this morning's +4% is a sell signal?

[petewy] 12/3/2017 19:21

What does it mean Lucky Mouse?
British Bulls say:
SELL
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated.

[luckymouse] 10/3/2017 11:07

free stock charts from uk.advfn.com

[tudes100] 09/3/2017 23:42

Sharepad showing Investec at 11.1p FY17 & 11.5p FY18 so looks like those Stocko numbers might reflect upgrades.

[djbilywiz] 09/3/2017 21:11

Stockopedia has broker forecast 2017 eps at 12.6p and 2018 at 14.3p. This could well be upgraded soon though.Aptitude seems to be growing quickly, doubling its revenue in a year and as already highlighted by others, entering the US healthcare market, which is vast. Good prospects going forward IMO.

[mysteronz] 09/3/2017 20:01

Does anybody have the EPS forecasts for future years?